Top story
Six Swiss Exchange readies launch of delayed OTC platform
The XBTR electronic trading platform is scheduled for launch on August 18 and aims to improve the buying, selling and settling of OTC trades in Switzerland
AIFMD confusion threatens banks issuing offshore SPV structured products
The Financial Conduct Authority has exempted structured products from the Alternative Investment Fund Managers Directive in the UK, but products issued by offshore special purpose vehicles could still be caught under the new rules
Deutsche Bank loses €94 million on CVA mismatch
Hedges worked as capital mitigant, but generated an accounting loss, bank says
Insurers oppose Eiopa power grab
A new European supervisor would be ‘unpleasant’ for the insurance industry
UK fraud down slightly as trends reverse
UK fraud down slightly as trends reverse
Still no end in sight for US banks' parallel run
Overtaken by events
Bond ETFs under stress in market sell-off
Beyond redemption?
Trade repositories eye Remit opportunity
Entities backing trade repositories for OTC derivatives show interest in registering as RRMs
Tax clampdown hits UK hedge fund LLPs
Changes in UK taxation rules coupled with restrictions on employee remuneration in the AIFMD could lead to higher costs and some complications for hedge fund limited liability partnerships (LLPs)
Power market design leads traders to take advantage
The design of modern power pools is highly complex, creating plenty of opportunities for clever traders to profit by circumventing the rules, writes Vincent Kaminski
Cat bond sponsors tempt investors with diversified perils and geographies
Innovative structures seek to break dominance of US wind peril over ILS market
European regulators get to grips with Remit monitoring
By mid-2014, the Regulation on Wholesale Energy Market Integrity and Transparency is expected to see European energy market participants reporting masses of information about their trading activity to regulators. How do regulators intend to use this data…
Barclays leverage explosion baffles experts
Regulatory specialists unable to explain jump in leverage exposure at UK bank - the incoming ratio lacks clarity, say critics
Head oil trader leaves Barclays
Shake-up at Barclays continues as George Cultraro, global head of crude oil and refined products, leaves the bank
AQR puts academic theory into practice
Putting theory into practice
Trade of the month: European and American barriers compared
Trade of the month: Barriers
StartPoint lures UK investors with FTSE and UK stock autocallable
A starting point
Senior JP Morgan energy trader departs
London-based head of European gas and power trading said to leave for BTG Pactual
New Danish solvency rules ‘will increase capital requirements’
Sampension CFO says simplifications welcome but standardisation has drawbacks
Covered bond industry protests against Esma clearing push
Esma has ignored calls to exempt covered bond vehicles from clearing, to the dismay of issuers
Bitcoin, money laundering and compliance risk
Small but growing, electronic currencies promise privacy and anonymity for users – and plenty of new issues for banks
Prudential Financial’s Sifi appeal casts doubt on US G-Sii powers
Disconnection between domestic and international Sifi processes means regulators could lack legal power to enforce G-Sii measures in some cases
Double trade reporting burden for international banks in Hong Kong
The launch of an interim trade reporting service last week by the Hong Kong Monetary Authority has prompted complaints from banks over excessive operational requirements